The Finnish Competition Authority announces it will not apply the Competition Act to cooperations between undertakings needed to ensure an adequate supply of goods to consumers during COVID-19 pandemic

Exceptional circumstances caused by the coronavirus to affect the application of the Finnish Competition Act*

The Finnish Competition and Consumer Authority (FCCA) will take into account the exceptional circumstances caused by the coronavirus when applying the Competition Act.

During Finland’s state of emergency, companies may need to work together to ensure adequate supply or the equal distribution of products to all consumers. The FCCA will not intervene in measures that are necessary to ensure the sufficient availability of products. You may contact the agency for instructions and guidance if you are uncertain about the permissibility of cooperation.

Even during the state of emergency, the FCCA will resolutely intervene in cartels between companies, which aim to raise prices to the detriment of consumers. The same will apply to abuse of a dominant position, which a company uses to exclude competitors from the market or to charge manifestly unfair prices.

Today, the European Commission outlined with competition authorities from EU countries the impacts of the coronavirus on the application of competition legislation. The FCCA will comply with this policy.

*This is the original title of the press release. The title above has been amended in order to match the e-Competitions format. Individual authors are welcome to provide original independent commentaries on the case law. Articles are subject to approval by the Board of e-Competitions Bulletin before publication based on the Editorial Policy (click here).

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Finnish Competition Authority, The Finnish Competition Authority announces it will not apply the Competition Act to cooperations between undertakings needed to ensure an adequate supply of goods to consumers during COVID-19 pandemic, 23 March 2020, e-Competitions Competition Law & Covid-19, Art. N° 93957

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